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Basic public operations in 2001

The EURO BALKAN ENTERPRISE is going to convene The YUGOSLAV
BUSINESS AND INVESTMENT SUMMIT- a major two-days international
conference, dedicated to the promotion of investment and commercial opportunities
in Yugoslavia.The Conference will take place in early May 2001 in Belgrade.

As of middle of 2001, a special set of one-day conferences, targeted to the key
players within the international business and financial community, would be
convened in the capitals or financial centers of main Yugoslav foreign trade
partners in Europe (Brussels, London, Frankfurt, Vienna, Rome, Athens), in
collaboration with local chambers of commerce, investment banks and governmental
agencies.

Additionally, a special information service for foreign entities (banks
and companies, trade missions, international representatives, embassies and
correspondents) operating in Belgrade, The YUGOSLAV INVESTMENT AND
BUSINESS REPORT, would be launched on the weekly basis from the middle
ofJune, 2001.